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tv   P.M. Question Time  CSPAN  November 19, 2012 12:00am-12:30am EST

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attempted. -- attempt it. my books are about character formation. i need material in order to establish character of the person i am going to write about. i do not know if the material i have collected, whether it works out or not. if there is not enough material, it is a no go. i go after something else. >> aida donald author of "citizen soldier, a life of harry s. truman." delighted to have you with us. >> thank you for inviting me. it has been a delight. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012]
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>> tomorrow on "washington journal", david walker talks about his ideas for averting the fiscal cliff, followed by a look at u.s. oil production and a new report that the international energy agency about the country's energy production by 2020. later, we will talk about how the federal bureau of investigation and the cyber- based crimes. clark
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sought foreign policy scholars will discuss the relationship of the u.s. with china. we will hear from the u.s. ambassador to china. our live coverage begins tomorrow at 9:15 on c-span2. >> the mindset of the world, was into the mid 1990's that wire line access would -- with stuff on poles or in the ground was the key to understanding telecommunications. the intriguing part of the wireless story is how very few people inside the industry - back- that is why the report came out the way it did. it must not just the fcc who did not understand the potential of
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the wireless. it was the entire industry. except for a few visionaries who were regarded as kooks. turned out to be the case was the hope that some people had that you could have a robustly competitive fixed line access industry, where a half dozen companies are offering telephone service over luetkemeyer. -- over wire. that vision was mistaken. >> 30 years later, was a good idea to crank up at&t. monday night at 8:00 eastern on c-span2. >> now british prime minister david cameron discusses the uk's economic and foreign policy. this will be his third time
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speaking before the banquet since becoming prime minister. but this is 14 minutes. -- this is 40 minutes. ♪ >> the queen. ♪ ♪
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♪ >> prince philip, the prince of
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wales, duchess, and other members of the royal family. ♪ ♪
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♪ >> the lord mayor. [applause]
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>> my late lord mayor, your grace, lord chief lawyer, prime minister, your excellencies, lord, older men, sheriff, cheap, and are, ladies and gentlemen, welcome. welcome from claire and me. in a special welcome to you, prime minister, for this your third lord mayor's banquet. one of the privileges of this role is the frequent opportunity to say thank you. so prime minister, thank you from the city for your sterling were, commercial diplomacy promoting british influence, british business, and british ex woods around the world. success abroad. [applause]
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success abroad means jobs and growth at home. the late lord mayor also deserves a huge thank you. [applause] a great lord mayor and what has been assembly outstanding year of national celebration. celebration of unique service of her majesty the queen, and celebration of sports in london 2012. at this banquet of months ago you said it is may be the lord mayor show, but not about me. i was just one person making its own contribution alongside the many thousands in the show. that generosity and modesty has defined your service.
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you and liz of been endlessly generous and time to all the issue reached. you have represented the city with dignity, not only a dazzling ceremonial, but a thoughtful, rational, and calm advocate for financial-services in the debate about the city's role in the economy. above all your term has been a happy one. you have shared that happened as with others. everyone in the cold tonight and thousands beyond are grateful to you both. thank you. -- everyone in guildhall and thousands beyond are grateful to you both. [applause] david has especially shown the light of the high quality of services the u.k. provides and excellence. one did 2012 and inspirational effort and achievement of the world's athletes have helped us agree learned the value of excellence and take pride in it. as you recently said, prime minister, we must be an
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aspiration nation with those who work hard can get on, and no one gets left behind. amen to that. [applause] thank you. the city prizes excellence. the city prizes aspiration. we honor those who subscribe to be the best they can and create opportunities for all to achieve their best. prime minister, ladies and gentlemen, i am a banker, and a banker who really enjoys his work. [laughter] [applause] i enjoy the intellectual stimulus ended joy of making clients happy. i enjoyed the international
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outlook. i also enjoy it because we are good at it. yes, there have been some dreadful mistakes and some poor decisions rate in recent years in and around by industry, and rightly, a huge changes have come about as a result. changes in management, changes and board structure and governance. changes in regulation, changes in liquidity, capital requirements, and these will lead to changes in culture. i also believe the city and the city's banks still know the true meaning of finance. like money, it is the means to an end did not an end to itself. real banking is not managing the risk to the benefit of real trade, real companies, and real people. ships, roads, railways, factory, hospitals. projects that create jobs, growth, and prosperity. this is part of the city that make it a truly global center for business.
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insurance or maritime service. these are all areas to which the u.k. may truly be said to excel. that cluster, especially around funds management, plus the tax and charity ball make london a great place to be a philanthropist, to manage philanthropic funds. i will manage at the center for philanthropy. this will include social finance, a potentially huge new market, using some of the brilliant and innovative and creative tools to create financial and social returns. this is happening through big society capital based here in the city. charities issuing bonds.
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the division of the charities aid foundation, leveraging finance for charities and the funds established by major city players like to deutsche bank, hsbc, and most recently by a private bank. this is about bringing together business and social needs in a new way. it is about creating a vibrant social finance market here in the uk. the market that can be a world leader and a great example of a healthier capitalism. good for the city and society. i believe passionately that the city services and our business culture are crucial to the security and happiness of our whole society of which we are apart. we are not as john donne wrote,
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an island entirely of itself. the theme of city and society will highlight the range, that, and breadth of our contribution to this society. the city's 108 companies alone at support over 200 reserve and regular units and armed forces. 100 cadet units and almost 350 its occasional establishments. this affects tens of thousands of young lives with scholarships and the apprenticeships. city is vital and creating jobs and growth abroad. supporting and service businesses and the wider economy, so we will work closely with the city u.k. and
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international regulatory strategy group, promoting the idea to services and business and well-established markets, as well as a dynamic new developing economies. not least, talking about how crucial london is as europe's financial center. the chair of the policy committee and i have the ambition to visit or hold an event for every single one of our eu partners next year. we will work to enhance the predictability and clarity we offer business, how that promotes the u.k. international attractiveness, and how that benefits us here in the uk. we are responsible for over 120,000 jobs in the u.k., a huge total, mostly outside london, not least in scotland where i grew up and to which i owe so much.
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one-quarter of the workers contribute hugely to a text take in life and happiness of our communities. they are all part of society, as is my swedish bank, in which i have work when it opened 30 years and two days ago. we should highlight the importance of the city support for those who keep us it. our armed forces and the uniformed security services. we know the government intends to shape the understanding that better enable volunteers to serve the forces. in an uncertain world with the security of shipping lanes and trade routes are as critical to the country's prosperity as ever, defense is everyone's business. finally, we shall highlight the city's priceless contribution to the rich and vibrant cultural mix that is london that make
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this mitropoulos not only a great place to live, but also attractive to international businesses. attractive because they know the city offers excellent and innovation in the arts. city group corp. is one of the largest funder of the arts in this country, around erie and research shows the critical investment makes a huge economic contribution of nearly 230 million pounds growth fell you added to london as a whole and generates great social benefits, reaching out especially to the city's neighboring boroughs with over 230,000 children and young people taking part in learning and are reached in the city last year.
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claire and i met because of music. we thing in the same choir. music is a common language that crosses all national and away little else can. the arts will be at the center of the appeals next year through a brand new charity called the city music foundation. we want to build on the city support for the arts with our own investment in the future of a spy ring, a talented young musicians from all walks of life. we want to do this at a time when they most need support of the start of their careers. we will do this through mentoring, performance opportunities and an vehicle support. taking a first of into demanding professional world. children and students from all over the country performing in the new wealth in court being built next year. another way we hope to extend the city's positive impact across london and across the country. ladies and gentlemen, we're looking forward to an exciting year highlight the city's role
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in society, promoting healthy capitalism and supporting and encouraging excellence. this is the year starting with an upbeat message i agree because i am an optimist. i like to think of whiskey glass is at least half full and more in the cupboard as well. [laughter] yes, we face challenges but i am convinced of the great opportunity. time and time again history teaches us that crisis is followed by huge innovation and change, a new era of innovation and growth. harness chance is to this responsibly for the good of all. captains of industry, chairman of the great institutions, chief executive partners, fund managers, join me and telling the world that the city of london is alive and kicking, that we are fit for purpose and fit for the future. the city for society, the city in society.
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in this, we shall be assisted by superb investors and to encourage them in so doing. the toast is, her majesty's ministers. [applause] [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012]
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>> silence for the prime minister. [applause] >> my lord my your, your late board later, mike grace, lord chancellor, your excellencies, my lord, cheap, and are, ladies and gentlemen. that was of great speech. upbeat, optimistic. [applause] are ringing defense of this sort of responsible capitalism that i believe in and squarely facing the city of london at the heart of the society. with what you said about the whiskey glass, i can tell we are going to get along just fine. [laughter] there is a custom that at this bank with dating back beyond church hill, the prime minister should make a speech about
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foreign-policy. let me say at the outset that this is a government that is outward looking, standing up for interest in the world, protecting security at home and promoting our values abroad. we spoke up for the arabs bring. -- arab spring. we led international action to support the libyan people and getting rid of muammar gaddafi. we stepped up the use sanctions -- eu sanctions against iran, and at the forefront of efforts to isolate assad in syria. we've got us out of the bailout fund and rejecting the treaty that was not of interest. i am a prime minister who said even in tough economic times of britain will not break its promises to the poorest of our world. i am sharing the united nations high-level panel of development with ambition of eradicating absolute poverty in our world.
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i am a prime minister who will work closely with president obama in a renewed effort on the middle east peace process, and let us congratulate him tonight on winning a historic second term. yes, i am a prime minister who will -- you will bring troops home from afghanistan. let us all take a moment to pay tribute, as we all did yesterday, to the extraordinary courage of the brave servicemen and women who across the generations have given their lives for our safety and freedom. [applause] now i have spoken about the traditional foreign policy issues on many occasions, but tonight i wanted to make a different kind of speech. do not worry, not about the bbc. [laughter]
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because i have done something else with form policy, too. i have given it a new, commercial focus. when i became prime minister as the to the diplomats, i do not want you just to be political ambassadors for britain, i want you to the economic ambassadors, too. just like any other job in sales, i want to know about your performance. how many more british exports are getting sold in the countries where you represent us? how many more companies from those companies are investing here in britain? how many more jobs are you helping to bring to our shores? i did not just give them a talking to and let them get on with it. i got out there myself. in the past 2.5 years i of taking trade missions to africa, indonesia, the gulf, china, india, brazil, japan, and malaysia.
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the late lord mayor has been doing the same, visiting no fewer than 26 countries during his year in office. now i know there are some people who say this is not real foreign-policy, or worse still, it is just loading policy. -- globe-trotting. i believe there is a race to when britain and leading from the front. i make no apology from linking britain to the fastest-growing parts of the world. i am proud of the fact that in just two years british exports of goods to brazil are up 25%, up 40%, russia up 80%. last week we took steps towards a new defense partnership with united arab emirate that could be worth more than 6 billion pounds to british industry. i want us to go further still. when i look around the world, i see countries like germany using overseas business that works to drive new business.
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in brazil, for example, 1700 members of the german chamber. 1700 members of the u.s. chamber's. how many does the u.k. have? just 240. we need to do all whole lot better than that. i have asked steven green, our trade minister to work at home and overseas to increase the quantity and quality of services offered, could relate to the smaller companies seeking to establish themselves abroad for the first time. he will begin within 8 million pound pilot and 20 keep markets and go on to lead a transformation that will change the face of british trade overseas across the globe. there are valuable markets out there that just have not received the attention from government that they deserve. places like to wait, vietnam, algeria, indonesia, rocco. we need to do more to get
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britain into these markets now. today i am personally appointing a number of senior parliamentarians from all political parties. they will engage directly with government in each of these countries and help open up the crucial markets to more british businesses. right now britain is in a global race. it is a moment of reckoning for every country. sink or swim, to or decline. the critical question is this, how does britain compete and win in a world where all around us new countries are on the rise? i believe britain can make it in this global race. we have the global language of business. we have a time zone where you could trade with asia in the could trade with asia in the morning, america and the

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